Location: New York, NY, USA.
Based on news reporting.
Citigroup Inc. has announced the elimination of over 250 jobs at its New York headquarters. This decision reflects the company's ongoing efforts to streamline operations and adapt to changing market conditions. The layoffs are part of a broader trend within the banking sector, as firms seek to reduce costs amid economic pressures. Citigroup's workforce reduction highlights the challenges faced by financial institutions in maintaining profitability while navigating a competitive landscape. The specific departments affected by these cuts have not been disclosed.
Citigroup Inc. cut 250 jobs as of March 10, 2026.
That is roughly 0.1% of the 229,000 people Citigroup Inc. employs.
LayoffTalk has tracked 13 layoff events at Citigroup Inc. since January 2023, affecting a combined 12,500 employees.
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